Daqo New Energy ADR earnings miss, Revenue beats in Q1

  • Investing.com
Daqo New Energy ADR earnings miss, Revenue beats in Q1

Investing.com - Daqo New Energy ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Daqo New Energy ADR announced earnings per share of $1.07 on revenue of $247.7M. Analysts polled by Investing.com anticipated EPS of $1.12 on revenue of $232.16M.

Daqo New Energy ADR shares are up 25.59% from the beginning of the year and are trading at $72.04 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% year to date.

Daqo New Energy ADR follows other major Technology sector earnings this month

Daqo New Energy ADR's report follows an earnings beat by NVIDIA on Wednesday, February 24, 2021, who reported EPS of $3.1 on revenue of $5B, compared to forecasts EPS of $2.81 on revenue of $4.82B.

Cisco had beat expectations on Tuesday, February 9, 2021 with second quarter EPS of $0.79 on revenue of $11.96B, compared to forecast for EPS of $0.7567 on revenue of $11.92B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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